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My dad literally went to the city and argued against them raising the book value of his home, which would cause him to have to pay more in property tax.
He won too.
That loon.
Did he go to city council chambers, or did he just vaguely go into the city itself and start arguing with people?
Do the American thing and chuck it in the harbor until the taxes stop
To be fair this dude could have gotten his house 45 years ago for 50K. So adjusting for inflation and overall development of his area, it could make sense. Comparing current payments to cost of money 40 years ago is comparing apples to oranges.
Now all that being said....there is a serious issue with cost and availability of housing, and I am not dismissing that. I'm just saying context is needed for this ragebait post.
California disagrees: https://en.m.wikipedia.org/wiki/1978_California_Proposition_13
Property tax is assessed when there's a sale, and otherwise changes very slowly. It's a controversial measure.
Which induces a lot of absentee landlordism, as property is held in trust and financialized rather than being bought/sold at the retail level.
That's the thing about increasing home prices nobody talks about. It increases the "value" of your home, so you're taked more.
When my parents retired, they didn't move out to the country to get away from the city life. They did it because it saved them 40 grand a year in property taxes.
Where the fuck did they live? What was the home value and tax rate? That's insane.
How big is his house? How much is it worth now?
How much did he pay for the land it sits on? Or did he inherit that?
Who does he think maintains road networks and all the other infrastructure he relies on?
How big is his house? How much is it worth now?
Property taxes are based on the assessed value of the land. So if you bought vacant land in the 1970s, improved it with a home, and then lived in it for the next 50 years, you'd see a piece of land that sold for several thousand dollars accrue to hundreds of thousands of dollars. If this guy is living in Texas, he's likely paying 1-2% of the assessed value of the home, which could easily be north of $2-4k/year. That's on land that was practically being given away half a century earlier.
Who does he think maintains road networks and all the other infrastructure he relies on?
The tax rate is fully disconnected from the cost of construction/maintenance. So if my house accrues from $50k to $200k over the course of ten years, I don't see 4x as much construction/maintenance of my local infrastructure. I just see my tax bill go up 4x while my potholes continue to go unfilled, my lines unburied, and my flood control underdeveloped.
And that's setting aside the habit of municipal governments to invest in "improvements" (sports stadiums, convention centers, police surveillance that's focused around corporate properties, twelve lane highways that induce demand rather than improve traffick flow) that benefit private industry over public welfare. City and state officials serving larger and larger constituencies routinely become disconnected from lay voters and increasingly complicit in graft and other kickbacks, as elections revolve more around partisan affiliation than any actual domestic management agenda.
There is a very real and meaningful disconnect between what politicians do at the municipal/state level and what residents actually demand at the retail level. If this guy was perched in a penthouse overlooking Cowboy's stadium, you could reasonably tell him to fuck off. But I guarantee he's not.
I don't know his situation but I think primary residence up to certain value shouldn't be taxed at all. There's a huge difference between an old man living alone in a house he had built for his family 60 years ago and an "investor" who owns entire neighbourhoods. Unfortunately, where I live a property tax on as far as I remember 4th and all above residential properties has been proposed and people who oppose it the most are pensioners who live in the only property they own. Right wing media can just outright lie to people telling them the tax is going to be on every property and people go on vote against their own interests.